Netflix will hit 100m subscribers “some time next year”, according to chief executive Reed Hastings, after the digital home of Daredevil and Orange is the New Black reported its best ever quarter, aided by expansion into 130 new markets
Amazon is to offer video streaming of exclusive shows such as Transparent and The Man in the High Castle as a standalone service in the US for the first time as it tries to make up ground on Netflix
UKTV is being tipped to go on an acquisition spree if the BBC is forced to sell off its £500m-valued stake.
Magazines are not suffering anything like the circulation declines experienced by newspapers, according to one of Britain’s leading magazine chiefs. Nicholas Coleridge, president of Condé Nast International, told a Media Society event earlier this week that although magazine sales were “off their top” it was “only by a small amount”.
IDG properties drew a record-breaking 194.9 million unique visitors for February 2016, propelling it to be the #1 technology publishing company in the world, according to comScore
Publisher sees opportunity for the NYT to become an ‘indispensable leader in global news and opinion’ over the next three years
Disrupters are innovating at a scale that most other companies can only dream of
In the UK, digital spend grew 16.4 per cent last year to over £8.6 billion, with 78 per cent of this rise accounted for by mobile spend
Press Release: As part of the Sunday Times Profit Track 100: Private Companies with the fastest growing profits – Dennis Publishing is proud to announce that it has made The Sunday Times Top 10 Rising Companies list for the first time
The publishing firm Penguin Random House is considering a sale of its illustrated books division Dorling Kindersley, Sky News has reported
British broadcaster holds preliminary talks with Canadian distributor and producer
Amazon is in talks with British broadcasters to add their channel brands and programmes to its streaming service, as it gears up to use Jeremy Clarkson as the spearhead of an attack on the pay-TV market
Online news network figures raise questions about very high valuations put on new media groups
Three of France’s biggest media investors have launched a new company on the Paris stock exchange as they seek to make up to €1.5bn in European acquisitions and one day rival Germany’s Bertelsmann
Independent integrated agency Four Communications Group (Four) has been named no.73 in the Sunday Times BDO Profit Track 100 league table, which ranks Britain’s 100 private companies with the fastest-growing profits over the latest three years
Why would a hugely successful businessman make himself an easy target for critics who suspected his real intent was to prune an occasional thorn in Beijing’s side? SCMP readers are now asking exactly the same question of Jack Ma, the Chinese magnate who has agreed to pay $266m for the paper. The Alibaba Group chairman is China’s second-richest man and has expanded from his internet base into sectors as diverse as financial services and sport
Bought by Time Inc. Veteran Eric Thorkilsen and a Private Equity Fund
Silvio Berlusconi and Vincent Bollore, two of Europe’s most powerful media barons, have agreed a €1.75bn (£1.25bn) pact to create a European rival to Netflix and stronger continental opposition to Sky. The deal is expected to be approved this evening by the directors of Mr Berlusconi’s TV company Mediaset. It will see Mr Bollore’s French media giant Vivendi take full control of Mr Berlusconi’s Mediaset Premium. The loss-making pay-TV arm owns rights to top-flight Italian football and competes with Sky Italia
It is understood it is seeking a linkup with a private equity firm that would take over Yahoo, with a publisher then taking over the news and media properties
Johnston Press steps back into newspapers as Q1 ad revenues fall 16% — double 2015’s decline
